shiv2798

Hexaware Short term Holding

Long
NSE:HEXAWARE   None
5
I am looking forward to invest for short term holding Close only above 231 with Stop of 220 for Target of 242/245
Cheers
Trade active: Price dropped but still valid in coming days if price Close above 231
Cheers
Comment: As I Expressed in the chart , the area of support and resistance , in this case it is very evident that the strong area of resistance was not able to brake by investor pushing price higher , so the trade did not active , in fact the it witnessed the Zone as strong resistance where the sellers are piled up with their holding
always look for Area of support and resistance not as point or fixed price ,
Hope I'm sufficiently evidencing about the Support and resistance in feature you can expect more details in each charts so one who don't know can learn in slow but study manner
Cheers
Trade active: Price closed above the Resistance , its right time to enter for short term holding
this investment would give around 5 % profit in week
the Current price will retrace for few points , One can look for buying and holding stock where the stop would be 220 for target of 240+
Regards